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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 93,499 $ 10,797
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Depreciation and amortization 22,245 24,918
Gain (Loss) on Disposition of Business 10,890 0
Deferred income tax (benefit) provision (292) 198
Deferred Income Taxes and Tax Credits 22,450 0
Unrealized Gain (Loss) on Investments (182) (485)
Gain (Loss) on Repurchase of Debt Instrument 0 16,020
Stock-based compensation 1,944 1,380
Issuance of stock under 401(k) plan 763 681
Foreign currency gain (4,314) (9,665)
(Increase) decrease in assets:    
Accounts receivable (49,527) (72,765)
Inventories (38,884) (53,080)
Prepaid and other current assets (1,817) (10,350)
Other assets (5,044) 3,154
Increase (decrease) in liabilities:    
Accounts payable 7,480 71,051
Other current liabilities 32,162 7,993
Other liabilities 2,445 (7,334)
Net cash provided by (used for) operating activities 48,918 (17,487)
Cash flows from investing activities:    
Capital expenditures (19,464) (14,637)
Payments for (Proceeds from) Investments (9,293) 0
Proceeds from Sales of Assets, Investing Activities 297 749
Net cash used for investing activities (9,874) (13,888)
Cash flows from financing activities:    
Proceeds from borrowings 89,015 459,929
Early Repayment of Senior Debt 0 (413,000)
Payments for Repurchase of Common Stock (25,000) 0
Payment on debt (86,004) (34,040)
Proceeds from (Payments for) Other Financing Activities (628) (2,040)
Net cash (used for) provided by financing activities (22,617) 10,849
Effect of exchange rate changes on cash 2,168 (1,101)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 18,595 (21,627)
Cash and cash equivalents, beginning of period 98,108 117,431
Cash and cash equivalents, end of period 116,703 95,804
Supplemental information:    
Interest paid 16,027 16,422
Income taxes paid, net of refunds received $ 8,813 $ 7,101